World’s biggest edtech company Byju’s officially said that Edtech company Gradeup is a part of Byju’s-Startup News.
Topic Cover
- Grade company history & founder
- Company turn over
- Byju’s company founder & history
- How is the dealing money of Byju’s and Gradeup
- Future of edtech
Edtech company Gradeup history & founder
Founder-Sanjeev Kumar, Shobhit Bhatnagar, Vibhu Bhushan
Headquarters Regions- Asia-Pacific (APAC)
Contact Email –contactus@gradeup.co
Phone Number- 9650052904
History- the edtech & online learning platform company Gradeup was founded officially on May 2015.
Gradeup has been creat accessible and affordable for over 40M students over the last year. Our Mission is to enable great opportunities for students, through high-quality affordable products.
Company turn over – INR 30 Crore (FY20)
Total Funding – $10 Million
Edtech company Byju’s founder & history:
| Headquarter | Bangalore |
| Founder | Byju Raveendran |
| Sector | Edtech |
| Founded | 2011 |
| Valuation | $16.5 Billion (April 2021) |
| Total Funding | $2.7 Billion (July 2021) |
| Parent Organization | Think and Learn Private Ltd |
| Website | byjus.com |
He is India’s youngest billionaire with a net worth of $3.05 billion as per Forbes list of India’s 100 Richest People (2020).
- 2009 Raveendran started classes of CAT online
- 2011 he registered company as a think & learn
- 2013 First raises funding $9 million from Aarin capital
- 2014 Launches Tablet base 8th to 12th learning platform
- 2015 Raises B round funding from sequio capital
- 2018 company made unicorn list at $1 billion
- 2020 company valuation $10 billion
- 2020 company signed biggest edtech deal to Akash institute.
At present, BYJU’s has over 100 million registered students and 6.5 million paid subscribers.
Earlier this year, Byju’s expanded in overseas markets through its ‘Future School’ offering, entering the US, UK, Brazil, Indonesia, and Mexico.
It subsequently also acquired Great Learning for $600 million to mark its entry into the professional upskilling space and spent another $500 million to acquire the US-based digital reading platform Epic.
Future of edtech company :
Experts in the education and learning sector believe that EdTech is only set to grow. They maintain that over the next decade, businesses will leverage technology to create highly personalized learning experiences, make education accessible to everyone, and scale the sector in unimaginable ways.
The influence of AI and Machine Learning in EdTech is predicted to grow by more than 47 percent in 2021. The capability of these technologies to automate even the most basic activities like grading, communication, queries, feedback, evaluation, and progress improves the overall experience of users.
The concept of ‘classroom education’ has radically shifted in recent times. The education industry is in a season of change as the focus shifts from simply memorizing large amounts of information to analyzing, learning, and grasping concepts. It’s no longer about what we teach at school but rather how we teach at school.
As a Edtech company Gradeup is a part of Byju’s-Startup News.
To know more about Startup News.
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